Lockheed Martin Names Patrick Wood Director of International Business Development for Space Systems

LONDON, September 13, 2017 – Lockheed Martin (NYSE:LMT) has named veteran space industry executive Patrick Wood to lead its international business development efforts in satellites, space exploration and advanced space concepts and technologies.

With immediate effect, Patrick Wood will serve as the director of international business development for Space Systems Company, leading a global team that works with defence, civil and commercial space customers. He will be based in London and report to Kay Sears, vice president of strategy and business development for Lockheed Martin Space Systems.

“More than 50 nations have active space programmes, with many more recognising the value that space can bring to their national security, economic growth and scientific advancement goals,” said Kay Sears. “Patrick will apply his considerable expertise in space technology, customer needs and innovative business strategy to help our customers achieve their aspirations in space.”

On his appointment, Patrick Wood said: “Lockheed Martin’s approach is built on global partnerships. The company operates in 70 countries worldwide and focuses in each country on teaming with local suppliers, growing local talent, and creating local jobs. That strategy builds value for international customers and strengthens in-country technical expertise and industrial capabilities. I look forward to building on the corporation’s considerable global presence to help our customers forge new partnerships.”

An engineer by training with more than 30 years of experience, Patrick Wood was previously Chief Executive Officer of Surrey Satellite Technology, Ltd., and also held leadership positions with Airbus Defence and Space. He has held key roles in the space industry spanning executive leadership, programme management, engineering, technology, quality, operations and manufacturing. His diverse experience includes defence, commercial and scientific missions from low Earth orbit to geostationary.

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 97,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.